In time-and-material pricing, a material loading charge covers all of the following except
a) purchasing costs.
b) related overhead.
c) desired profit margin.
d) all of these are covered.
Answer: d) all of these are covered.
Business
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A Notice to Applicant must be issued to the consumer no later than
A) 3 days after paying the initial premium B) 3 days after the policy has been issued C) 3 days after completing the application D) 3 days after the report was requested"
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